Cecilia Jamasmie, Author at MINING.COM

Glencore axes jobs, coal output at Australia’s mine as price collapses

The company will start cutting nearly 80% of its workforce at its Collinsville coal mine in March next year, as it dials back mining at the site.

Cecilia Jamasmie | December 7, 2015 | 4:01 am

Anglo American set to announce dividend cut next week

One of the miner’s worst kept secret may be revealed as soon as Tuesday.

Cecilia Jamasmie | December 4, 2015 | 9:01 am

Down again: iron ore sinks below $40 a tonne

It hit $39.40 a tonne, the lowest price ever recorded by price assessor The Steel Index (TSI), which began compiling data in 2008.

Cecilia Jamasmie | December 4, 2015 | 7:45 am

China’s steel giants lost $11 billion in first 10 months of 2015

That is more than double the profits reaped in 2014.

Cecilia Jamasmie | December 4, 2015 | 5:33 am

Giant mine pit ‘swallowing’ 400-year-old Peruvian town

The Peruvian city of Cerro de Pasco, perched high up in the Andes, is about to sink — literally and metaphorically — into the deeps of a half-century-old, open-pit zinc and lead mine.

Cecilia Jamasmie | December 4, 2015 | 3:10 am

Rio Tinto unveils one of largest diamonds ever found in Canada

The 187.7-carat Diavik Foxfire diamond will be showcased in London before returning to Antwerp for detailed assessment.

Cecilia Jamasmie | December 2, 2015 | 8:23 am

World’s two biggest miners walking away from coal, but they are not telling

BHP Billiton and Rio Tinto have significantly cut their investments in coal, while repositioning behind the scenes.

Cecilia Jamasmie | December 2, 2015 | 6:05 am

Canadian Oil Sands to stay in the black even if crude prices keep falling

The company, currently the target of a $4.3 billion takeover bid by Suncor, unveiled a pared-back capital budget that cuts spending by 20% year-over-year to $295 million in 2016.

Cecilia Jamasmie | December 2, 2015 | 2:53 am